ThrowAway4Dais

Phantom stocks sound terrible for employees. OP mentions issues for employers with actual stock passing onto other people should they pass away, but I doubt an employee would be able to afford enough stock to oust or even have controlling position in a company.

Not to mention "the business only has to pay the employee if the employee works for the company" as per OP. So not only do employees not get stocks if they were to leave for any reason, they are phantom and non-existant per that agreement.

Which is already a huge problem since people already don't "technically" own stocks they buy. It's all under the DTCC or IOUs that never get bought unless you directly register your stocks under your own name.

You also mention employees having to negotiate how these phantom shares function, needing to know about them let alone how to correctly negotiate terms for them.

How are phantom stocks beneficial to employees, as they seem overly beneficial in both terms and restrictions to employers?

Nice job in reporting student debt crisis plaguing the new generation.

Is it possible that student debts are being used in student loans asset backed securities (SLABS) for trading or collateral, which could be a reason why any past/present/future governments wouldn't forgive student debt?

How are tips shared? I'm assuming its different for different places but I'm always curious if my tip is going to the people.

Also, hope you're doing alright.